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Intel Shares Fall 28.9% After Downbeat Fourth-Quarter Profit Outlook

Intel shares fell 28.9% in morning trading after the company issued a downbeat fourth-quarter profit outlook and warned of persistent weakness in the personal computer market.

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What happened? Shares of computer processor maker Intel NASDAQ:INTC fell 28.9% in the morning session after the company issued a downbeat fourth-quarter profit outlook and warned of persistent weakness in the personal computer market.According to a company press release, Intel reported third-quarte…

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